December 2008 Market Reports for New Haven County,CT

By
Real Estate Agent with Coldwell Banker Residential Brokerage

 

 

 Listed below is a summary of last month's home sales activity for Milford, Woodbridge, Orange, Bethany and New Haven Connecticut versus this time last year. This information was obtained from CTMLS.  Any information critical to the buying or selling process should be independently verified. 

MILFORD

December 2007 versus December2008

 

New Listings

Avg List Price

No. Sold

Avg. Sales Price

Avg. Days on Market

2007

20

$401,665

43

$405,960

78

 

 

 

 

 

 

2008

32

$374,775

27

$525,888

89

 

There are currently 237 homes on the market in Milford.
The absorption rate is apx. 9 months.

ORANGE

December 2007 v.s. December 2008

 

New Listings

Avg List Price

No. Sold

Avg. Sales Price

Avg. Days on Market

2007

5

$497,360

5

$465,800

93

 

 

 

 

 

 

2008

3

$411,600

9

$376,711

108

 

There are currently 60 homes on the market in Orange
The current rate of absorption is 12.9 month

 

BETHANY

December 2007 versus December 2008

 

New Listings

Avg List Price

No. Sold

Avg. Sales Price

Avg. Days on Market

2007

4

$483,475

3

$499,450

100

 

 

 

 

 

 

2008

2

$467,450

3

$503,333

194

 

There are currently 27 homes for sale in Bethany.

The current absorption rate is 16 months

 

WOODBRIDGE

December 2007 v.s. December 2008

 

New Listings

Avg List Price

No. Sold

Avg. Sales Price

Avg. Days on Market

2007

6

$464,750

11

$521,000

70

 

 

 

 

 

 

2008

2

$529,450

3

$421,333

54

 

There are currently 64 active listings in Woodbridge

The current absorption rate is 6.7 months

 

New Haven

December 2007 v.s. December 2008

 

New Listings

Avg List Price

No. Sold

Avg. Sales Price

Avg. Days On Market

2007

35

$205,427

33

$229,840

86

 

 

 

 

 

 

2008

32

$182,132

26

$199,167

54

 

There are currently 217 homes for sale in New Haven 

 

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